Investment Overview

Marcus & Millichap has been selected to exclusively market for sale The Landings at Red Rock in Tullahoma, TN. This offering presents investors with a well-maintained, stabilized multifamily opportunity in a growing Middle Tennessee market characterized by strengthening fundamentals and sustained economic expansion. The Landings at Red Rock is a well-maintained 40-unit community built in 1964 and significantly improved through $327,500 in recent capital upgrades, including full roof and HVAC replacements in 2021 and modernized interiors in 38 units. The property offers strong operational appeal with an on-site laundry facility, attractive outdoor amenities, individually metered electric, and RUBS already in place for water. Its Middle Tennessee location provides convenient access to both Nashville and Chattanooga while benefiting from Tullahoma’s ongoing economic development efforts driven by aerospace, advanced manufacturing, and innovation-oriented job growth. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of The Landings at Red Rock.